2023 Fisker Ocean One Sport Utility 4d on 2040-cars

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Recharge Wrap-up: Fisker owner Wanxiang owns a lot of US real estate, carmakers gaming EU emissions system

Wanxiang Group says it might now be China's largest corporate investor in American real estate. The owner of both Fisker Automotive and battery company A123 Systems, and parts supplier to Mazda and Chrysler, Wanxiang has invested in over 60 projects in the US since 2010. Returns on those investments have been "very, very, very" high, according to Wanxiang America President Pin Ni. "We can invest in clean energy, auto, real estate or anything, but the key is pegging it well to the economic cycle," says Ni. Read more at Bloomberg. Cars sold in 2014 in Europe are exceeding 2015 targets for emissions, but not necessarily for the right reasons. The cars produce 2.6 percent (or 123.4 g/km) less CO2 than cars sold in 2013, which is nearly 7 g/km less than 2015 targets. Unfortunately, these results are influenced in part by manufacturers taking advantage of flaws in the EU testing procedures for better results. Real-world fuel economy is about 31 percent less than official ratings. "These figures need to be treated with extreme caution," says Greg Archer, clean vehicles manager at Transport & Environment. Most of the measured improvement is being delivered through manipulating tests, not delivering real-world improvements. We need the new test to be introduced without further delay." Read more at DieselNet, or from Transport & Environment. Ballard will supply fuel cell modules for eight hydrogen-powered buses in China. Shipping later this year, the FCvelocityTM-HD7 power modules will power buses in multiple Chinese for cities. "We are now beginning to see meaningful evidence of growing demand for clean energy mass transportation alternatives in China, including both buses and trams," says Ballard President and CEO Randy MacEwen. "This demand is being driven by a pressing need to address China's challenging air quality issues, for which fuel cell technology is seen as an emerging option." Read more from Ballard in the press release below. Ballard Inks Deal to Supply Next-Generation Fuel Cell Power Product For Eight Buses in China April 15, 2015 Vancouver, Canada – Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) today announced that it has received an order from a Chinese customer to supply its next-generation FCvelocityTM-HD7 power modules for 8 buses to be deployed in a number of Chinese cities. Ballard expects to ship all of the modules in 2015.

Henrik Fisker tweets rendering of Fisker pickup, then deletes

Last August, Henrik Fisker teased what looked like the rear view of a Fisker pickup truck. The caption accompanying the image of a rendered tailgate and conventional cabin glasshouse read, "After our Fisker electric SUV, we have already decided on our next 2 EV’s on the same platform!" That platform would be the same the Ocean crossover is built on. Much has happened since then, namely a gaggle of OEMs and startups debuting, announcing, or making noises about rolling out an electric pickup in the next two years or so. Perhaps Fisker got caught up in the swell, because he tweeted a new image of a pickup with the name "Alaska" emblazoned across the back, and the caption, "Electric pickup truck!" Then he deleted the tweet. When asked about the brief preview, his company told both Roadshow and Car and Driver, "We can't confirm the model or name of a vehicle that may have been seen in the tweet," but that, "We can, however, confirm that Fisker Inc. is indeed working on a modular electric vehicle platform that may underpin several different affordable EV models in the future." What we know is that Fisker's pickup design has come a long way since August, no matter how fanciful the image in the unintentional reveal. Last August's design looked like someone spent a few minutes turning a Ford F-150 backside into a passably believable Fisker product. The newest image looks like a Fisker; weighty forms with deep vertical and horizontal sculpting, decorated with Fisker's jewelry and fonts. The only off note is the tires, which are cartoonishly rugged. We're fans of the name, though, even if there's a product called Alaska in every industry from fertilizers to electric fans, and Renault sells a pickup called the Alaskan. As of writing, Fisker hasn't filed to trademark Alaska. For now, we'll pretend the tweet was a hallucination and wait for the next time Fisker teases a vehicle we know is coming.

Fisker-Foxconn EV partnership 'moving faster than expected'

U.S. electric automaker Fisker expects operating expenses to reach between $490 million and $530 million this year, a slight increase in its business outlook for the year that is driven by R&D spending on prototypes for its Ocean SUV, testing and validation of advanced technology, hiring and its "accelerating" partnership with Foxconn. The company, which reported its second-quarter earnings Thursday after market close, raised its business outlook for expectations for key non-GAAP operating expenses and capital expenditures for the full year up from its previous guidance of $450 million to $510 million. The earnings report pointed to R&D spending on prototype activities in 2021 driven by testing and validation on advanced driver assistance systems, powertrain and user interface. The company also noted an increase in spending on in-house costs, such as virtual validation software tools, hiring and virtual and physical testing to account for recently tightened Euro NCAP and IIHS safety regulations. Co-founder, CFO and COO Geeta Gupta Fisker added during an investor call that the company made a strategic decision to develop internal capabilities to test and validate, instead of relying solely on third parties. Co-founder and CEO Henrik Fisker said in an interview Thursday its partnership with Foxconn, which is "moving faster than expected," also is contributing to an increase in spending. "We were really aligned," Fisker said in an interview Thursday. "I mean it's a very unique business deal because we are both investing into this program; it's not like we just hired Foxconn to make a car." Fisker has two vehicle programs in the works. Its first electric vehicle, the Fisker Ocean SUV, will be assembled by automotive contract manufacturer Magna Steyr in Europe. The start of production is still on track to begin in November 2022, the company reiterated Thursday. Deliveries will begin in Europe and the United States in late 2022, with a plan to reach production capacity of more than 5,000 vehicles per month during 2023. Deliveries to customers in China are also expected to begin in 2023. Fisker Ocean at the track View 6 Photos In May, Fisker signed an agreement with Foxconn, the Taiwanese company that assembles iPhones, to co-develop and manufacture a new electric vehicle.